Lowest Cost of Living Neighborhoods in New York (2026 Rankings)
Utility costs are a key part of your monthly budget. We ranked 25 neighborhoods in New York by electricity rate as a proxy for overall cost of living. Lower rates mean more money in your pocket.
Electricity Rate: 10.73¢/kWh
Median Rent: $1,196/mo
Home Value: $110,000
Property Tax: $10,001/yr
Median Income: $37,340
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $324,300
Property Tax: $3,745/yr
Median Income: $45,468
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $416,000
Property Tax: $3,745/yr
Median Income: $111,572
4
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $380,300
Property Tax: $3,745/yr
Median Income: $95,940
5
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $744,500
Property Tax: $3,539/yr
Median Income: $98,580
6
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $152,100
Property Tax: $3,745/yr
Median Income: $64,066
7
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $159,700
Property Tax: $3,745/yr
Median Income: $68,856
8
Electricity Rate: 11.20¢/kWh
Median Rent: $2,576/mo
Home Value: $1,073,500
Median Income: $134,107
9
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $197,500
Property Tax: $3,745/yr
Median Income: $75,435
10
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $444,300
Property Tax: $3,745/yr
Median Income: $109,390
11
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $355,500
Property Tax: $3,745/yr
Median Income: $89,026
12
Electricity Rate: 11.20¢/kWh
Median Rent: $2,165/mo
Home Value: $834,900
Median Income: $124,485
13
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $140,000
Property Tax: $3,745/yr
Median Income: $54,650
14
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $456,500
Property Tax: $3,745/yr
Median Income: $78,208
15
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $117,400
Property Tax: $3,745/yr
Median Income: $42,031
16
Electricity Rate: 11.20¢/kWh
Median Rent: $835/mo
Home Value: $232,000
Median Income: $62,857
17
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $612,800
Property Tax: $3,745/yr
Median Income: $109,551
18
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $421,300
Property Tax: $3,745/yr
Median Income: $80,350
19
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $182,200
Property Tax: $3,745/yr
Median Income: $74,313
20
Electricity Rate: 11.20¢/kWh
Median Rent: $1,095/mo
Home Value: $237,200
Median Income: $77,260
21
Electricity Rate: 11.20¢/kWh
Median Rent: $979/mo
Home Value: $265,800
Median Income: $89,911
22
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $177,100
Property Tax: $3,745/yr
Median Income: $54,837
23
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $117,900
Property Tax: $3,745/yr
Median Income: $43,584
24
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $155,200
Property Tax: $3,745/yr
Median Income: $74,031
25
Electricity Rate: 11.20¢/kWh
Median Rent: $858/mo
Home Value: $548,400
Property Tax: $3,745/yr
Median Income: $92,116
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